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as well and also concerns surrounding china's tax policy. also hong kong's hangsang has shed around 534 points just in the last three trading sessions. that's also a big focus there. >> following u.s. retail sales, where is the dollar yen trading now? >> big focus. let's have a look at some of the pairs there. the dollar is being bought on the positive u.s. retail sales data that we just went over. euro remains under pressure. data on euro zone industrial output was weaker than many analysts expected. the lower house of japan's parliament will vote on the candidates for bank of japan governors. all nominees are expecting to take office. the big office will be on what the incoming bank of japan governor will take as its first step in monetary easing policy measures at the next doj meeting in april. that's going to be a big focus. >> thanks a lot for that update. democrats and republicans have released their job budgets for next fiscal year but the plans show little change. these are tax hikes for the rich. democrats want a review of tax deductions for the wealthy. they aim to reduce reve
their savings. tell us about this tax. >> the details were supposed to be decided on by today. due to strong reaction from the public, officials decided they needed a few more days to ponder it. political leaders have postponed a vote to seize a portion of individual's bank deposits to bail out its financial sector. the island nation has been asked by the european union to impose a bank deposit tax of up to 9.9% in return for a bailout of 10 billion euros or about $13 billion. the public's anger is growing and banks in the nation have been closed to avert panic. the government is working on a plan to soften the impact of the levee on small savers and increase the burden on larger ones. it's unclear whether the proposal will go through the l parliament as the country does not have a ruling party. finance ministers called an merge teleconference meeting. global stock markets took a tumble monday in new york. the dow closed down 62 points. that's more than .4 of a percent. to see how stocks are trading this tuesday morning here in tokyo, let's go do ramin. >> we could be in for a bit of a bou
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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